IT Business


Financial news

Xerox reports revenue drop in Q1 2014

Profit up 14% but document technology division revenues down

Financial news

Kuwait's Zain reports 8% rise in Q1 net profit

Iraq, domestic business contribute to welcome recovery

Mergers and acquisitions

Nokia, Microsoft to close deal on Friday

Nokia to finally become part of Microsoft, eight months after first announcement

Market research

Ericsson: 8bn broadband subscribers by 2020

1.5 billion homes with digital television will make analogue TV obsolete, vendor predicts

Mergers and acquisitions

Interactive Intelligence to acquire OrgSpan

Acquisition designed to strengthen Interactive’s cloud-based business communications solutions

Market research

XP retirement helps stabilise EMEA PC shipments

IDC figures reveal strong growth in some commercial sectors


Nike axes FuelBand developers amid wearables exit

Company to drop wearable hardware plans in favour of developing fitness software

Financial news

Mashreq announces 0% payment plan for Shopper

Bank launches GITEX-exclusive finance packages with regional retail partners

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